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中信证券:持续看好美股科技板块未来6~12个月的投资机会
Xin Lang Cai Jing·2025-08-25 01:01

Core Viewpoint - The report from CITIC Securities indicates that Powell's dovish signals at the Jackson Hole Global Central Bank Conference suggest a high probability of a Fed rate cut in September, which, along with the gradual clarity of the new tariff framework and the fiscal stimulus from the previous "Inflation Reduction Act," is expected to eliminate major tail risks in the market and create a stable macro environment for the US tech sector over the next 6 to 12 months [1] Group 1 - The anticipated Fed rate cut in September is seen as a significant event that will positively impact the market [1] - The clarity of the new tariff framework and fiscal stimulus from the Inflation Reduction Act are expected to support market stability [1] - The tech sector is projected to benefit from a favorable macro environment and its own upward business cycle [1] Group 2 - The report highlights a preference for application software and simulation chips, which are entering a cyclical reversal in performance [1] - Investment opportunities are also seen in AI (including computing chips, HDD, and advanced processes), internet (first-tier giants), and Fintech sectors [1] - Caution is advised regarding thematic sectors that lack clear performance support [1]